The standard royalty fee payment for A Book: 1-5%..
Posted in the Banking Forum
#1 Oct 29, 2013
Read this: Royalties - Wikipedia, the free encyclopedia
This article may require cleanup to meet Wikipedia's quality standards.... The royalty rate is determined as an incremental rate from 1–5% of gross revenues
I gave 5% for Obama books...If he received $ 6+ m Royalties during 2011-2012 period, it means the overall Sale Revenue exceeds $ 120 m...It is indeed a record hard to beat!!!
#2 Oct 29, 2013
I did not include the Tax paid on Royalty...If Obama paid 40% Tax on this extra income, the above figures all go up by 60% and more..
It means the Sales Revenue will reach $ 200+ m...On other hand, David Cheever of Oahu, Hawaii needs only to pay in directly to the publisher a lowly figure of $ 10 m -$ 20 m at best!!!
Again, it is all an alleged scenario to be verified and firmly confirmed!
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